John Rolph EST1: Ethical Situations in Business Task 2 Standards and Procedures 1.) Information Confidentiality: As an employee, you will be exposed to client-sensitive as well as company-sensitive information that is to be viewed only by those who have the authority or permission to do so. Such information to be considered “confidential” includes business contracts, financial information, internal correspondence, and any and all documentation (electronic or paper-based) that is not authorized
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keeping interest rates at historical low levels, and the government allowing the banks to do extremely risky mortgages. The end result, families are experiencing foreclosures because they cannot afford the high mortgage payments. Some say that is not ethical, but sometimes that doesn’t make financial sense, said Brent White, a University of Arizona law professor. (Owers, 2010) Families should walk away because of three main reasons: it is hard for families to keep paying these high mortgage payments,
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Business ethics relating to Corruption Chapter 1 Introduction: What Corruption is and Why it Matters? People everywhere are more concerned than they ever have been about corruption and business ethics. This represents social changes that are occurring everywhere, though to different degrees. Partly this may be due to the pioneering efforts of the organization transparency International, which has not only spearheaded the fight against corruption, but has made it possible to gauge and compare
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treating each person with respect and acting ethical has its advantages in the long run even if that iPhone they are making might be made in six hours instead of four. In addition, the government has began to crack down on social responsibilities of corporations, helping with societies overall perception of large corporations, such as Apple, promoting the idea that there is more to business than just making a profit and being at the top of your industry. The ethical issues at hand that I will be investigating
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fact, Choice Home Warranty’s sales call fee is much lower than other well-known warranty companies such as Select Home Warranty and Total Protect Home Warranty. Consumers are often concerned with how much something will cost them, especially when contracts are involved. Choice Home Warranty’s policy covers appliances among other systems. Sometimes, customers are put in a position where they must purchase a new appliance with funds that were due them because of an electrical malfunction or a technician’s
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owner currently has. Ethics is probably not considered when most businesses start to expand. The business still has a responsibility to its stakeholders. The stakeholders still needs to be assured the business is committed to upholding itself to high ethical standards. Mama Dukes Soul Food is Café currently operating as a sole proprietorship by Charles Drayton. A sole proprietorship is a legal form of business ownership where there is no legal distinction that separates the sole owner’s status as an
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concepts self, good and other. When managers and subordinates are able to distinguish between good and bad they are ethical and as a result of this they make wise decisions .A positive corporate culture improves the moral among employees in an organisation in which could increase productivity .In order to develop ethical organisations or companies organisations must create ethical businesses. Knowing the difference between what is accepted and what is unaccepted is a prerequisite for every employee
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Ethical hacking by C. C. Palmer The explosive growth of the Internet has brought many good things: electronic commerce, easy access to vast stores of reference material, collaborative computing, e-mail, and new avenues for advertising and information distribution, to name a few. As with most technological advances, there is also a dark side: criminal hackers. Governments, companies, and private citizens around the world are anxious to be a part of this revolution, but they are afraid that some
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Corporate Responsibility From a business perspective, working under government contracts can be a very lucrative proposition. In general, a stream of orders keep coming in, revenue increases and the company grows in the aggregate. The obvious downfalls to working in this manner is both higher quality expected as well as the extensive research and documentation required for government contracts. If a part fails to perform correctly it can cause minor glitches as well as problems that can carry
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linked to an ethical ideal without which it cannot exist. This ideal requires an effacement of self-interest when it is required for the good of the person seeking assistance. Clearly, a profession is much more than a job. It is more an identity. Individuals give much of themselves to their professions and they receive much in return. The giving, however, always precedes and supersedes the receiving (6,7). Professional is the individual conforming to the technical and ethical standards of the
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